Section 25-443.1. Sunset Park 5th Avenue business improvement district  


Latest version.
  • a.  The  city  council having determined, pursuant to subdivision b of
      section 25-410 of chapter four of this title, that it is in  the  public
      interest  to authorize an increase in the amount to be expended annually
      in the Sunset Park 5th Avenue business improvement district beginning on
      July 1, 2008, and the council having determined further that the tax and
      debt limits prescribed in section 25-412 of chapter four of  this  title
      will  not  be  exceeded  by  such increased expenditure, there is hereby
      authorized in such district  an  annual  expenditure  of  three  hundred
      thousand dollars ($300,000).
        b.  The  amount of such expenditure to be levied upon each property in
      the district shall be  determined  in  accordance  with  the  method  of
      assessment  set forth in the Sunset Park 5th Avenue business improvement
      district plan.